Teva Pharmaceutical Industries (NYSE: TEVA) has launched a generic version of Elidel (pimecrolimus) Cream, 1% in the USA.
Pimecrolimus Cream, 1% is a topical prescription medicine to be used as second-line therapy for the short-term and non-continuous chronic treatment of mild to moderate eczema (atopic dermatitis) in non-immuno-compromised adults and children two years of age and older who have failed to respond adequately to other topical prescription treatments, or when those treatments are not advisable.
Elidel was originated by Novartis (NOVN: VX) but, in 2011, the Swiss pharma giant assigned global rights manufacture and market the eczema treatment to Swedish drugmaker Meda (OMX: MEDA A). Elidel was approved in the USA in 2001 and in the European Union in 2002.
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